18, HOLLOW WOOD, OLNEY, MK46 5LY - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 HOLLOW WOOD is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £320,000 in November 2017, which was around 27% below the average November 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

18 HOLLOW WOOD Sold Prices

Land registry data shows two sales for 18 HOLLOW WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 18 HOLLOW WOOD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 NOV	£320,000	£440,141	27% below HPI
2017 31 AUG	£310,000	£427,633	28% below HPI

18 HOLLOW WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 18 HOLLOW WOOD sales from August 2017 and November 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 HOLLOW WOOD?

18 HOLLOW WOOD is 79m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 18 HOLLOW WOOD lies on this distribution: 8% of detached houses are smaller than 18 HOLLOW WOOD, and 92% of houses are larger. Note that EPC data is not available for all properties in Olney.

18 HOLLOW WOOD: Plot and Title Map

18 HOLLOW WOOD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 18 HOLLOW WOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 HOLLOW WOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 HOLLOW WOOD?

18 HOLLOW WOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 18 on HOLLOW WOOD.